12 Aug 2019

Fonterra forecasts loss of up to $675m for financial year

From Morning Report, 8:45 am on 12 August 2019

Dairy giant Fonterra is forecasting another big loss as it writes down the value of under-performing overseas assets.

The co-operative is forecasting a loss of between $590m-$675m for the current financial year.

 

RNZ Business editor Gyles Beckford talks through the details with Corin Dann.